56928 Merion, La Quinta, California 92253, La Quinta, 92253 - 4 bed, 5 bath
56928 Merion
La Quinta, California 92253
Property Price
SUMMARY
Analysis of 56928 Merion, La Quinta, California 92253 reveals a Prime Investment Opportunity with a current list price of $1,368,000—significantly undercutting the $1,524,783 Fair Market Value by 10%. This valuation gap indicates a +$156,783 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the La Quinta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 56928 Merion Subject | $1,368,000* List Price | 4 | 5 | 2,986 | $511 | - |
A 56120 Riviera Active | $1,499,000 List Price | 4 | 5 | 2,986 | $502 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1990, the property has undergone extensive recent renovations that meet current luxury standards. The kitchen is a high-end showstopper with Viking appliances and double islands, while all five bathrooms have been fully remodeled, including a spa-like marble primary ensuite with a steam shower. The inclusion of custom knotty alder doors, crown moulding, and brand-new appliances indicates a turnkey property with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Golf Course Frontage
The property boasts a 'front-row seat' to the Nicklaus Private golf course, offering unbeatable panoramic fairway views and a prestigious lifestyle location.
- High-End Modernized Interior
The home features a chef's kitchen with Viking appliances and double islands, complemented by five fully remodeled bathrooms, providing a contemporary and turnkey living experience.
- Luxurious Primary Suite
The primary retreat includes a spa-like marble ensuite with a large steam shower, custom knotty alder trim, and high-end finishes that elevate the home's luxury appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3049, other record lot size in square feet = 7439.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3049, living area = 2986.
- High Association Fees
The monthly HOA fee of $1,025 is substantial, which may be a deterrent for budget-conscious buyers or those looking to minimize fixed carrying costs.
About 56928 Merion
If you've been looking for that ''wow'' house that doesn't feel stuffy, this is it. We're talking about soaring ceilings, tons of natural light, and a literal front-row seat to the Nicklaus Private golf course.The kitchen is a total showstopper--it's been updated and features Viking appliances, granite countertops, double islands (yes, two!), so there's plenty of room for morning coffee, and wine night all at once. Plus, every single one of the 5 bathrooms has been remodeled, so you don't have to lift a finger. The best part? The primary suite is a total retreat. The ensuite is all marble with a huge steam shower--it's basically like having a private spa day every morning. Custom knotty alder doors and trim, crown moulding, brand new washer and dryer, Culligan water softener system and BBQ are more added features.Just mere steps to the many community pools. Unbeatable views of the fairway.This isn't just a house; it's a lifestyle. Come see it before someone else does!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1025.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 5.0 | 3.0 | 78% |
| Square foot | 2,986 | 2,502 | 67% |
| Lot Size | 3,049 | 9,147.5 | 3% |
| Price | $1.37M | $923.0K | 68% |
| Price per sq ft | $458 | $390 | 66% |
| Built year | 1990 | 2002 | 18% |
| HOA | $1025.0 | $533 | 90% |
| Days on market | 4 | 161 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,368,000
Initial Listing
Sold
Oct 27, 2010
$710,000
Public Record